An International Trade Model with Pollution and Eco-tariffs

2000 ◽  
pp. 31-46
Author(s):  
Christiane Kraus
Keyword(s):  
International Trade ◽  
Trade Model

scholarly journals International Trade and Human Capital Investment with Heterogeneous Firms and Workers: Modeling and Analysis

Mathematics ◽  
2021 ◽  
Vol 9 (10) ◽  
pp. 1106
Author(s):  
Jaewon Jung
Keyword(s):  
Human Capital ◽  
International Trade ◽  
Organizational Behavior ◽  
Capital Accumulation ◽  
Global Economy ◽  
Capital Investment ◽  
Investment Decision ◽  
Heterogeneous Firms ◽  
Modeling And Analysis ◽  
Trade Model

Though the importance of organizational behavior and human decision processes within firms for the firm performance has largely been recognized in the business and management literature, much less attention has been devoted to studying such implications in the international trade context. This paper develops a general-equilibrium trade model in which heterogeneous workers make an investment decision in acquiring advanced managerial skills and choose their optimal effort level based on their comparative advantage. In doing so, we show how globalization-induced human capital accumulation within firms leads to sustainable economic growth. We also show that workers’ organizational belief and CEO’s managerial vision may be an important element for the human capital formation within firms and for the performance of firms in a global economy.

New Economic Geography: Endogenizing Location in an International Trade Model

2013 ◽  
pp. 569-589 ◽  
Author(s):  
Steven Brakman ◽  
Harry Garretsen ◽  
Charles van Marrewijk
Keyword(s):  
International Trade ◽  
Economic Geography ◽  
New Economic Geography ◽  
Trade Model

A Dynamic International Trade Model with Endogenous Fertility

2011 ◽  
Vol 18 (3) ◽  
pp. 237-261
Author(s):  
Yukio Karasawa-Ohtashiro ◽  
Akihiko Yanase
Keyword(s):  
International Trade ◽  
Endogenous Fertility ◽  
Trade Model

Research on Trade Model of Transaction Costs Based on Ecommerce

2010 ◽  
Vol 26-28 ◽  
pp. 218-221 ◽  
Author(s):  
Zhi Xue Yang
Keyword(s):  
International Trade ◽  
Transaction Cost ◽  
The Other ◽  
Trade Barriers ◽  
Information Costs ◽  
Trade Model ◽  
Fast Development ◽  
Enforcement Costs ◽  
To Come ◽  
Acceptable Agreement

Transaction cost is one of these costs, but mostly mentioned with trade barriers. The trade barrier, also called tariff barracks or non- tariff barracks, focus on the problems that affect transactions in international trade. Transaction cost in economics can be defined as a cost incurred in making an economic exchange. There are a number of kinds of transaction cost have been researched by economists, “search and information costs” (such as those incurred in determining that the required good is available on the market, who has the lowest price.), “Bargaining costs” (the costs required to come to an acceptable agreement with the other party to the transaction, drawing up an appropriate contract and so on.), “Policing and enforcement costs” (the costs of making sure the other party sticks to the terms of the contract, and taking appropriate action if this turns out not to be the case.). Along with the fast development of e-commerce, a new kind of trade barriers, which is called e-commerce barrier, based on information technology appears quietly, in recent years. Though the emergence of this barracks does not been focused by world, it has profoundly affected international trade already.

scholarly journals Nash and social welfare impact in an international trade model

2017 ◽  
Vol 4 (2) ◽  
pp. 149-173 ◽  
Author(s):  
Filipe Martins ◽  
◽  
Alberto A. Pinto ◽  
Jorge Passamani Zubelli ◽  
Keyword(s):  
International Trade ◽  
Social Welfare ◽  
Welfare Impact ◽  
Trade Model

Costly investment and complementarities in an international trade model with directed technological change

2017 ◽  
Vol 69 (1) ◽  
pp. 195-223 ◽  
Author(s):  
Óscar Afonso ◽  
Pedro Cunha Neves ◽  
Maria Thompson
Keyword(s):  
International Trade ◽  
Technological Change ◽  
Trade Model ◽  
Directed Technological Change

The Role of Time Preferences in Explaining the Long-Term Pattern of International Trade

2014 ◽  
Vol 15 (1) ◽  
pp. 83-106 ◽  
Author(s):  
Marian Leimbach ◽  
Lavinia Baumstark ◽  
Gunnar Luderer
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Current Account ◽  
Empirical Data ◽  
Time Preference ◽  
Time Preferences ◽  
Trade Patterns ◽  
Applied Model ◽  
Trade Model

Globalization is accompanied by increasing current account imbalances. They can undermine the positive impacts of increasing international cooperation and trade on economic growth. By applying an economic growth model that requests for long-term compensation of short-term current account deficits, we derive patterns of international trade. Model output, however, is challenged by empirical data – which is related to the Lucas Paradox. This paper demonstrates how, based on the assumption of differentiated time preferences, model results and empirical data are reconciled with each other. The method presented here yields an indirect estimate of the rates of time preference across regions. Our results suggest that the time preference rate is low in emerging Asian countries, while the USA and Europe are characterized by above world-average rates. Based on the applied model that differentiates between trade in energy resources and a composite good, simulated trade patterns of these three world regions significantly differ from each other and also from trade patterns that occur in resource exporting countries.

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